The Research On Investment Strategy Of Securities In Our Country Based On Intermarket Analysis

The financial globalization is the inevitable trend for the world economic development, and it can reduce the cost of the competition, defend the risk of investment, be convenient for international investment and be beneficial in economic growth of all countries. At the same time, the development of the financial globalization also makes the contact of all countries financial market more inseparable, which is gradually becoming an integral organ of the mutual dependence and interaction. It is doubtless to bring positive influence for the development of the world economic and finance, but its development also brings some new problems. Because the connection of all countries financial market is more and more inseparable, their dependence degree is more and more deep, too. Once the financial market of some nations takes some variation, the financial market of the other nation also will be subjected to the influence.After our country joined WTO, the financial market has been opening gradually. Therefore, it is close with international financial market more and more. The financial market of the world definitely affects the stock market, which is a part of the financial market of our country, and their interaction would be more and more outstanding. There are still some problems in our country's stock market. With the opening financial market developing, these problems will expose gradually. In the meantime, if all the above-mentioned problems were settled down, the stock market of our country would be perfect. During the transitional period, securities investment funds are facing an opportunity and also taking challenge. It will be the key point whether the funds can hold this opportunity. In 2004, the performance of securities investment funds did not reach the ideal notch. According to the statistics of China Asset Management Co., Ltd., there are more than one half of 150 securities investment funds that could not gain any profit. Even some funds' growth rate of net value is up to -13.83%. How to solve this problem is very important.The investment strategy of the securities investment funds is the key point of their earnings or losses. This paper analyses the investment strategy of the securities investment funds in our country, finds out the reason of their failure, adopts the neural network system . to deal with the data of each market, and gets a new investment strategy, namely the investment strategy of selecting opportunities based on intermarket analysis. It has an instructive significance for funds to turn round the situation of deficit.